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At the end of 1 0 years, your friend wants to have $ 1 0 0 , 0 0 0 saved for a down payment
At the end of years, your friend wants to have $ saved for a down payment on a house. He expects to earn compounded monthlyon his investments over the next years. How much would your friend have to put in his investment account each month to reach his goal?FVPMTrmnm rmPVPMTrmrmnm r: annual interest rate, m: compounding period, n: loan periodyearGroup of answer choices$$$
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